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Ken Lewis (executive)
Kenneth D. Lewis (born April 9, 1947) is the former CEO, president, and chairman of Bank of America, the second largest bank in the United States and twelfth largest by total asset in the world. While CEO of Bank of America, Lewis was noted for purchasing Countrywide Financial and Merrill Lynch resulting in large losses for the bank and necessitating financial assistance from the federal government. On September 30, 2009, Bank of America confirmed that Lewis would be retiring by the end of the year. Lewis was replaced by Brian Moynihan as president and CEO and Walter Massey as chairman of the board. Early life and career Lewis grew up in Walnut Grove, Mississippi until age 5, then moved to Heidelberg, Germany. His father was in the Army. He is a graduate of Georgia State University, where he earned a Bachelor of Arts degree in finance from J. Mack Robinson College of Business. Lewis joined North Carolina National Bank (NCNB) as a credit analyst in 1969, and served as the head ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Meridian, Mississippi
Meridian is the List of municipalities in Mississippi, seventh largest city in the U.S. state of Mississippi, with a population of 41,148 at the 2010 United States Census, 2010 census and an estimated population in 2018 of 36,347. It is the county seat of Lauderdale County, Mississippi, Lauderdale County and the principal city of the Meridian, Mississippi Micropolitan Statistical Area. Along major highways, the city is east of Jackson, Mississippi; southwest of Birmingham, Alabama; northeast of New Orleans, Louisiana; and southeast of Memphis, Tennessee. Established in 1860, at the junction of the Mobile and Ohio Railroad and Southern Railway (U.S.), Southern Railway of Mississippi, Meridian built an economy based on the railways and goods transported on them, and it became a strategic trading center. During the American Civil War, General William Tecumseh Sherman burned much of the city to the ground in the Battle of Meridian (February 1864). Rebuilt after the war, the city e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Time 100
''Time'' 100 (often stylized as ''TIME'' 100) is an annual listicle of the 100 most influential people in the world, assembled by the American news magazine ''Time''. First published in 1999 as the result of a debate among American academics, politicians, and journalists, the list is now a highly publicized annual event. Appearing on the list is often seen as an honor, and ''Time'' makes it clear that entrants are recognized for changing the world, regardless of the consequences of their actions. The final list of influential individuals is exclusively chosen by ''Time'' editors, with nominations coming from the ''Time'' 100 alumni and the magazine's international writing staff. Only the winner of the Reader's Poll, conducted days before the official list is revealed, is chosen by the general public. The corresponding commemorative gala is held annually in Manhattan. In 2019, Time began publishing the ''Time'' 100 Next list, which "spotlights 100 rising stars who are shaping the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
John F
John is a common English name and surname: * John (given name) * John (surname) John may also refer to: New Testament Works * Gospel of John, a title often shortened to John * First Epistle of John, often shortened to 1 John * Second Epistle of John, often shortened to 2 John * Third Epistle of John, often shortened to 3 John People * John the Baptist (died c. AD 30), regarded as a prophet and the forerunner of Jesus Christ * John the Apostle (lived c. AD 30), one of the twelve apostles of Jesus * John the Evangelist, assigned author of the Fourth Gospel, once identified with the Apostle * John of Patmos, also known as John the Divine or John the Revelator, the author of the Book of Revelation, once identified with the Apostle * John the Presbyter, a figure either identified with or distinguished from the Apostle, the Evangelist and John of Patmos Other people with the given name Religious figures * John, father of Andrew the Apostle and Saint Peter * Pope Jo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United Way Of America
United Way is an international network of over 1,800 local nonprofit fundraising affiliates. United Way was the largest nonprofit organization in the United States by donations from the public, prior to 2016. United Way organizations raise funds primarily via workplace campaigns, where employers solicit contributions that can be paid through automatic payroll deductions. After an administrative fee is deducted, money raised by local United Ways is distributed to local nonprofit agencies. Major recipients have included the American Cancer Society, Big Brothers/Big Sisters, Catholic Charities, Girl Scouts, Boy Scouts, and The Salvation Army. United Way Worldwide Membership to United Way and use of the United Way brand is overseen by the United Way Worldwide umbrella organization. United Way Worldwide is not a top-down organization that has ownership of local United Ways. Instead, each local United Way is run as independently and incorporated separately as a 501(c)(3) organiza ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Federal Advisory Committee
The Federal Advisory Committee Act (FACA) (), is a United States federal law which governs the behavior of federal advisory committees. In particular, it has special emphasis on open meetings, chartering, public involvement, and reporting. The U.S. General Services Administration (GSA) oversees the process. Overview Advisory committees The Federal Advisory Committee Act defines ''advisory committee'' as "any committee, board, commission, council, conference, panel, task force, or other similar group" that dispenses "advice or recommendations" to the President of the United States, and excludes bodies that also exercise operational functions. They are provisional bodies and have the advantage of being able to circumvent bureaucracy and collect a range of opinions. Committees composed of full-time officers or employees of the federal government do not count as ''advisory committees'' under FACA. Furthermore, the following organizations are also not governed by FACA: the Advisory Co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Services Forum
The Financial Services Forum is an American, non-partisan economic policy and advocacy organization whose members are the chief executive officers of the eight largest and most diversified financial institutions headquartered in the United States. Recent News On September 20, 2017, thForum announcedthe appointment of Kevin Fromer as its new president and Chief Executive Officer. In January 2019, the Financial Services Forum announced that Morgan Stanley Chairman and CEO James Gorman would serve as the Chairman of its Board, a position previously held by Brian Moynihan, CEO of Bank of America. Citigroup CEO Michael Corbat assumed the Board's Vice Chairman role in 2019. Mission and Leadership The Financial Services Forum represents the interests and views of the eight largest and most diversified financial institutions headquartered in the United States. The Forum members are Bank of America, BNY Mellon, Citigroup, Goldman Sachs, JPMorgan Chase & Co., Morgan Stanley, State Stree ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Services Roundtable
The Bank Policy Institute (BPI) is an American financial services lobbying and advocacy organization, based in Washington, D.C. The Bank Policy Institute was formed in July 2018 by the merger of two older lobbying groups, the Financial Services Roundtable and the Clearing House Association. Former Minnesota governor Tim Pawlenty had been head of the Financial Services Roundtable; Clearing House Association president Greg Baer (formerly of JPMorgan Chase) remained and became head of the Bank Policy Institute. History In 1912, the Association of Reserve City Bankers was formed, with 102 charter members. In 1958, the Association of Registered Bank Holding Companies was formed, in response to the Bank Holding Company Act of 1956. In 1993, these two entities merged to form the Bankers Roundtable. In 2000, the name of the organization was changed to the Financial Services Roundtable, to reflect a decision to broaden the organization's mission to include representing integrated financia ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Andrew Cuomo
Andrew Mark Cuomo ( ; ; born December 6, 1957) is an American lawyer and politician who served as the 56th governor of New York from 2011 to 2021. A member of the Democratic Party, he was elected to the same position that his father, Mario Cuomo, held for three terms (52nd governor). In 2021, Cuomo resigned from office amidst numerous allegations of sexual misconduct. At the time of his resignation, he was the longest-serving governor in the United States still in position. Born in Queens, New York City, Cuomo is a graduate of Fordham University and Albany Law School. He began his career working as the campaign manager for his father in the 1982 New York gubernatorial election. Later, Cuomo worked as an assistant district attorney in New York City, entered the private practice of law, founded a housing non-profit, and chaired the New York City Homeless Commission from 1990 to 1993. Cuomo served as assistant secretary of Housing and Urban Development from 1993 to 1997. From 1 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fannie Mae
The Federal National Mortgage Association (FNMA), commonly known as Fannie Mae, is a United States government-sponsored enterprise (GSE) and, since 1968, a publicly traded company. Founded in 1938 during the Great Depression as part of the New Deal, the corporation's purpose is to expand the secondary mortgage market by securitizing mortgage loans in the form of mortgage-backed securities (MBS), allowing lenders to reinvest their assets into more lending and in effect increasing the number of lenders in the mortgage market by reducing the reliance on locally based savings and loan associations (or "thrifts"). Its brother organization is the Federal Home Loan Mortgage Corporation (FHLMC), better known as Freddie Mac. In 2022, Fannie Mae was ranked number 33 on the ''Fortune'' 500 rankings of the largest United States corporations by total revenue. __TOC__ History Background and early decades Historically, most housing loans in the early 1900s in the United States were s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Crisis Of 2007–2008
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sheila Bair
Sheila Colleen Bair (born April 3, 1954) is an American civil servant who was the 19th Chair of the U.S. Federal Deposit Insurance Corporation (FDIC), during which time she assumed a prominent role in the government's response to the 2008 financial crisis. She was appointed to the post for a five-year term on June 26, 2006, by George W. Bush through July 8, 2011. She was also the 28th president of Washington College in Chestertown, MD, the first female head of the college in its 234-year history, a position she held from 2015 until her resignation in 2017. Early life Bair is a native of Independence, Kansas. Her father, Albert, was a surgeon. Her mother, Clara, was a nurse and housewife. She received her bachelor's degree in philosophy from the University of Kansas in 1975, and worked as a bank teller for a brief period, before receiving a J.D. from the University of Kansas School of Law in 1978. In 1981, she was recruited by Senator Bob Dole, a Republican from her state, to s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Federal Deposit Insurance Corporation
The Federal Deposit Insurance Corporation (FDIC) is one of two agencies that supply deposit insurance to depositors in American depository institutions, the other being the National Credit Union Administration, which regulates and insures credit unions. The FDIC is a United States government corporation supplying deposit insurance to depositors in American commercial banks and savings banks. The FDIC was created by the Banking Act of 1933, enacted during the Great Depression to restore trust in the American banking system. More than one-third of banks failed in the years before the FDIC's creation, and bank runs were common. The insurance limit was initially US$2,500 per ownership category, and this was increased several times over the years. Since the enactment of the Dodd–Frank Wall Street Reform and Consumer Protection Act in 2010, the FDIC insures deposits in member banks up to $250,000 per ownership category. FDIC insurance is backed by the full faith and credit of the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
